Showing 1 - 10 of 20
As it is known, there is no rule satisfying Additivity in the complete domain of bankruptcy problems. This paper proposes a notion of partial Additivity in this context, to be called m-additivity. We find that m-additivity, together with two quite compelling axioms, anonymity and continuity,...
Persistent link: https://www.econbiz.de/10008805438
This paper explores an integrated taxation system. Taking as a premise the proposals by the Carter Commission Report, we find out that proportional tax is the unique system that allows to neutrally integrate the taxable income. This analysis leads to explore new tax rules combining the extreme...
Persistent link: https://www.econbiz.de/10010991668
The mismatch between photovoltaic generation and residential load leads to relative modest rates of self-consumption of solar electricity unless expensive storage solutions are locally available. One alternative to batteries is the aggregation of demand of different prosumers, as the collective...
Persistent link: https://www.econbiz.de/10012651925
This paper proposes a notion of partial Additivity in bankruptcy, -Additivity. We show that this property, together with Anonymity and Continuity, identifies the Minimal Overlap rule, introduced by O'Neill (1982).
Persistent link: https://www.econbiz.de/10009421214
Persistent link: https://www.econbiz.de/10001726466
The mismatch between photovoltaic generation and residential load leads to relative modest rates of self-consumption of solar electricity unless expensive storage solutions are locally available. One alternative to batteries is the aggregation of demand of different prosumers, as the collective...
Persistent link: https://www.econbiz.de/10012001243
Despite the popularity of auction theoretical thinking, it appears that no one has presented an elementary equilibrium analysis of the complete information first-price sealed-bid auction mechanism when the bidding space has a finite grid. This paper aims to remedy that omission. We show that...
Persistent link: https://www.econbiz.de/10015221342
This paper proposes the notion of E-stability to conciliate Pareto efficiency and fairness. We propose the use of a centralized procedure, the Exchanging Places Mechanism. It endows students a position according with the Gale and Shapley students optimal stable matching as tentative allocation...
Persistent link: https://www.econbiz.de/10015225275
This paper proposes a way to allocate students to schools such that conciliates Pareto efficiency and stability. Taking as a starting point the recent reform proposed by the Boston School Committee, we propose a marginal modification to reach our objective redefine how students are prioritize....
Persistent link: https://www.econbiz.de/10015225622
This paper proposes a way to allocate students to schools such that conciliates Pareto efficiency and stability. Taking as a starting point the recent reform proposed by the Boston School Committee, we propose a marginal modification to reach our objective redefine how students are prioritize....
Persistent link: https://www.econbiz.de/10015225664